
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto dealer, are unknown since Monday. Legislation enforcement officers at the moment are investigating his attainable abduction whereas some within the native crypto neighborhood speculate he is perhaps hiding from disgruntled traders.
Bulgarian Authorities Examine Doable Kidnapping of Alleged Crypto Millionaire
Police in Bulgaria try to find a businessman who went lacking below unusual circumstances earlier this week. The 32-year-old Alexander Altunbashev is an IT specialist and entrepreneur who, in accordance with media reviews, made cash from crypto buying and selling.
Prosecutors in Sofia are wanting into his attainable kidnapping as the principle suspected purpose for his disappearance. Quoting sources from the investigation, Nova TV reported that Alexander’s sister, Teodora, spoke with him earlier than he left for Plovdiv, Bulgaria’s second-largest metropolis.

On Monday morning, Teodora gave him a journey to Sofia’s Mladost district. Later that day, she noticed a person unlocking and getting into her brother’s residence, proper subsequent door to her personal condominium. When she requested him who he was and what he was doing, he left telling her solely he was “in a rush” and getting in an SUV pushed by a lady.
Investigators discovered Alexander’s condominium turned the wrong way up. They imagine that whoever did it was most likely attempting to realize entry to his financial institution accounts or cryptocurrency wallets. The final time Teodora managed to achieve him over the telephone, Alexander instructed her he was touring in the direction of Burgas, on Bulgaria’s Black Beach.
Alexander’s atypical habits and her failed makes an attempt to speak to him once more when his telephone was switched off satisfied Teodora to name the police. Investigators have additionally interrogated the crypto dealer’s girlfriend, Kristina, who didn’t know of any threats towards him or points together with his enterprise relations.
Altunbashev Could Be Hiding From Shoppers, Crypto Group Suspects
The lacking IT skilled’s cellphone was final used from a location simply outdoors Sofia. The final individual to talk with him was Ivaylo Borisov, an individual with a prison document recognized by his alias ‘Torino,’ who’s a detailed good friend of Alexander. The 2 have been supposed to fulfill at midday on Monday however the crypto dealer didn’t present up. Borisov is collaborating with legislation enforcement authorities.
In the meantime, speculations have emerged within the nation’s crypto neighborhood that Alexander Altunbashev might have really determined to enter hiding as he was most likely investing funds for shoppers that will have been misplaced. “If he was certainly managing cash for others, and also you get up one morning and the cash has turned to zero — perhaps there’s a battle with the individuals which can be on the lookout for their cash,” commented Vladislav Dramaliev, director of Bithope Basis, quoted by bTV.
The case follows the latest crypto market hunch that led to main cash like bitcoin (BTC) and ether (ETH) dropping half of their worth since final yr’s all-time highs and the collapse of crypto tasks. In keeping with unconfirmed reviews by different Bulgarian publications, Altunbashev revamped €6 million (nearly $6.5 million) in 2021 and allegedly boasted to associates about costly actual property purchases in Greece and Dubai. His Fb profile reveals he has visited different unique locations as effectively.
Do you suppose Bulgarian authorities will handle to find the lacking crypto dealer? Inform us within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any harm or loss induced or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about on this article.